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Crypto News Highlights for September 8, 2024
Disclaimer: This is a summary of recent crypto news. Always conduct your own research before making investment decisions.
Major Developments:
âŸFED RATE CUT SPECULATION:
Federal Reserve Governor Christopher Waller has hinted at a potential interest rate cut at the upcoming September meeting. This could have significant implications for the cryptocurrency market, as lower interest rates often favor riskier assets like crypto.
âŸLARGE XRP TRANSFERS:
Blockchain tracking service Whale Alert has reported several large XRP transfers, including a significant amount moved by Ripple Labs. This has sparked speculation and discussion within the XRP community.
âŸMIXED MARKET PERFORMANCE:
Cryptocurrencies experienced mixed price action in early Saturday trade. Bitcoin and Ethereum saw slight declines, while some smaller coins like Algorand and Optimism gained.
OTHER NOTABLE NEWS:
âŸMICHAEL SAYLOR'S WARNING:
MicroStrategy CEO Michael Saylor has issued a warning about a potential Bitcoin price correction, citing historical patterns.
⟠DOGECOIN'S SURGE:
Dogecoin experienced a significant increase in trading volume, likely fueled by community-driven initiatives and speculation.
âŸPETER BRANDT'S BITCOIN ANALYSIS:
Legendary trader Peter Brandt has shared his insights on Bitcoin's potential price trajectory, suggesting that a correction might be imminent.
#CryptoMarketMoves #CryptoNewss #LatestNews #BinanceSquareFamily #NewsAboutCrypto $BTC $ETH $BNB
Disclaimer: This is a summary of recent crypto news. Always conduct your own research before making investment decisions.
Major Developments:
âŸFED RATE CUT SPECULATION:
Federal Reserve Governor Christopher Waller has hinted at a potential interest rate cut at the upcoming September meeting. This could have significant implications for the cryptocurrency market, as lower interest rates often favor riskier assets like crypto.
âŸLARGE XRP TRANSFERS:
Blockchain tracking service Whale Alert has reported several large XRP transfers, including a significant amount moved by Ripple Labs. This has sparked speculation and discussion within the XRP community.
âŸMIXED MARKET PERFORMANCE:
Cryptocurrencies experienced mixed price action in early Saturday trade. Bitcoin and Ethereum saw slight declines, while some smaller coins like Algorand and Optimism gained.
OTHER NOTABLE NEWS:
âŸMICHAEL SAYLOR'S WARNING:
MicroStrategy CEO Michael Saylor has issued a warning about a potential Bitcoin price correction, citing historical patterns.
⟠DOGECOIN'S SURGE:
Dogecoin experienced a significant increase in trading volume, likely fueled by community-driven initiatives and speculation.
âŸPETER BRANDT'S BITCOIN ANALYSIS:
Legendary trader Peter Brandt has shared his insights on Bitcoin's potential price trajectory, suggesting that a correction might be imminent.
#CryptoMarketMoves #CryptoNewss #LatestNews #BinanceSquareFamily #NewsAboutCrypto $BTC $ETH $BNB
Goats Airdop listing date
#GOATSproject Airdop will listing on 15th September and it was the one meme coin đ if I were not joining then join fast to get more Airdop .
#TON #TelegramCEO #MemecoinWatch2024 #LatestNews
#TON #TelegramCEO #MemecoinWatch2024 #LatestNews
#LatestNews
Binance have added support for RSA API keys, active from 2022-12-29 09:00 (UTC). Based on asymmetric encryption, Now U can register the public key of Ur RSA API key pair on Binance, and use the corresponding private key 2 create signed API requests.
#Binance #dyor
Binance have added support for RSA API keys, active from 2022-12-29 09:00 (UTC). Based on asymmetric encryption, Now U can register the public key of Ur RSA API key pair on Binance, and use the corresponding private key 2 create signed API requests.
#Binance #dyor
No matter the Indian Government banning the binance url we will still stick to using this platform.
#trendingtoday #LatestNews #CryptoNewsđđ°đ« #cryptonewstoday #cryptoindia
#trendingtoday #LatestNews #CryptoNewsđđ°đ« #cryptonewstoday #cryptoindia
đđđ đđđđ§ đđąđ„ đŹđąđš đđčđ¶đ°đž đ§đđŒ đ đ đŁđ¶đ»đ»đČđ± đŁđŒđđđ đđ»đ± đđČđ đ„đČđđźđżđ± đšđœđ§đŒ 10$ USDTđđ°đ
BTC Halving Finish ! đ
Now What? . . .
This question is in everybody's mind đ
I knew this three things will happen after halving. . . my expectations. . . đđŽ
1) Neutral - Means nothing gonna happen everything will be normal â
2) Big Pump - Means everything goes up bull run starts â
3) Down - Everything goes down but thats not possible as its already down since half month so am not worried about it â
So let me tell u that wait yes wait
See the market research on it . . .
BTC is still stable around 65000 is good sign
BTC is not down is good sign it goes 60 up
BTC is going up slowly is good sign
BTC and other coins are also green is good
Many investors big bulls think that now no more downfall but from here everything goes up only all time high new heights soon. . .
Can happen in week or 10 days or in May đ
Don't Worry Guys đłđ€đ„
We Will Win đ„âïž
#bitcoinhalving  #BullorBear  #LatestNews
BTC Halving Finish ! đ
Now What? . . .
This question is in everybody's mind đ
I knew this three things will happen after halving. . . my expectations. . . đđŽ
1) Neutral - Means nothing gonna happen everything will be normal â
2) Big Pump - Means everything goes up bull run starts â
3) Down - Everything goes down but thats not possible as its already down since half month so am not worried about it â
So let me tell u that wait yes wait
See the market research on it . . .
BTC is still stable around 65000 is good sign
BTC is not down is good sign it goes 60 up
BTC is going up slowly is good sign
BTC and other coins are also green is good
Many investors big bulls think that now no more downfall but from here everything goes up only all time high new heights soon. . .
Can happen in week or 10 days or in May đ
Don't Worry Guys đłđ€đ„
We Will Win đ„âïž
#bitcoinhalving  #BullorBear  #LatestNews
#LatestNews
Kraken lawsuit
The SEC sued Kraken, a major cryptocurrency exchange, for operating an unregistered securities exchange. The SEC claims that Kraken is offering specific cryptocurrencies for sale that they consider securities. Kraken argues that courts have rejected the SEC's previous attempts to classify crypto assets as securities.
Sam Bankman-Fried
A US court ordered Bankman-Fried to remain in jail while awaiting trial. Bankman-Fried is facing charges of fraud and conspiracy related to the collapse of the cryptocurrency exchange FTX.
Tether seizure
The Justice Department seized nearly $9 million in Tether, a cryptocurrency linked to the US dollar. The funds were traced to cryptocurrency addresses linked to an organization that allegedly scammed over 70 victims.
#KrakenSECsuit #BankmanFriedTrial
#TetherSeizureScam #CryptocurrencyLegalIssues
Kraken lawsuit
The SEC sued Kraken, a major cryptocurrency exchange, for operating an unregistered securities exchange. The SEC claims that Kraken is offering specific cryptocurrencies for sale that they consider securities. Kraken argues that courts have rejected the SEC's previous attempts to classify crypto assets as securities.
Sam Bankman-Fried
A US court ordered Bankman-Fried to remain in jail while awaiting trial. Bankman-Fried is facing charges of fraud and conspiracy related to the collapse of the cryptocurrency exchange FTX.
Tether seizure
The Justice Department seized nearly $9 million in Tether, a cryptocurrency linked to the US dollar. The funds were traced to cryptocurrency addresses linked to an organization that allegedly scammed over 70 victims.
#KrakenSECsuit #BankmanFriedTrial
#TetherSeizureScam #CryptocurrencyLegalIssues
Lazarus Group Moves $1.2M in Bitcoin from Mixer
#trendingnews #BitcoinPrice2024 #LatestNews #CryptoNewsđđ°đ«
#trendingnews #BitcoinPrice2024 #LatestNews #CryptoNewsđđ°đ«
LIVE
Coinpedia
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Lazarus Group Moves $1.2M in Bitcoin From Coin Mixer!
The post Lazarus Group Moves $1.2M in Bitcoin from Coin Mixer! appeared first on Coinpedia Fintech News
North Korean hacking group Lazarus has recently transferred $1.2 million worth of cryptocurrency from a mixer, marking their largest transaction in over a month. This group, responsible for stealing or damaging $3 billion in cryptocurrencies over the past three years, received 27.371 bitcoin in two transactions before sending 3.34 BTC to a previously used wallet. The groupâs wallet now holds a total of $79 million in cryptocurrencies, including $73 million worth of Bitcoin and $3.4 million worth of ether.
North Korean hacking group Lazarus has recently transferred $1.2 million worth of cryptocurrency from a mixer, marking their largest transaction in over a month. This group, responsible for stealing or damaging $3 billion in cryptocurrencies over the past three years, received 27.371 bitcoin in two transactions before sending 3.34 BTC to a previously used wallet. The groupâs wallet now holds a total of $79 million in cryptocurrencies, including $73 million worth of Bitcoin and $3.4 million worth of ether.
#LatestNews
In recent developments, Binance has made several significant announcements impacting its operations and user engagement.
First, Binance has initiated the "June Missions," a new campaign offering a reward pool of 2,000,000 Binance Points. This initiative, running from May 31 to June 14, 2024, encourages users to complete various tasks, such as referring friends, trading specified amounts, and making deposits, to earn points redeemable for exclusive rewardsâ (Blockchain News)â.
Additionally, Binance is set to cease support for its BUSD (Binance USD) stablecoin amid ongoing legal challenges. The decision comes as the company navigates regulatory scrutiny and aims to streamline its operations by focusing on more compliant financial productsâ (BSC News)â.
Moreover, Binance is facing a significant legal resolution in the U.S., where a judge has approved a $4.3 billion guilty plea. This outcome is part of broader legal troubles that have seen the platform under intense regulatory pressureâ (Gadgets 360)â.
In another related update, there has been increased demand for Bitcoin futures and options expiring in June 2024 due to the upcoming Bitcoin halving event in April. This surge in interest underscores the market's anticipation of significant price movements associated with the halving, a periodic event that historically impacts Bitcoin's valueâ (Binance)â.
These developments highlight Binance's proactive measures to enhance user engagement while addressing regulatory and legal challenges, positioning itself for continued growth and compliance in the evolving cryptocurrency landscape.
In recent developments, Binance has made several significant announcements impacting its operations and user engagement.
First, Binance has initiated the "June Missions," a new campaign offering a reward pool of 2,000,000 Binance Points. This initiative, running from May 31 to June 14, 2024, encourages users to complete various tasks, such as referring friends, trading specified amounts, and making deposits, to earn points redeemable for exclusive rewardsâ (Blockchain News)â.
Additionally, Binance is set to cease support for its BUSD (Binance USD) stablecoin amid ongoing legal challenges. The decision comes as the company navigates regulatory scrutiny and aims to streamline its operations by focusing on more compliant financial productsâ (BSC News)â.
Moreover, Binance is facing a significant legal resolution in the U.S., where a judge has approved a $4.3 billion guilty plea. This outcome is part of broader legal troubles that have seen the platform under intense regulatory pressureâ (Gadgets 360)â.
In another related update, there has been increased demand for Bitcoin futures and options expiring in June 2024 due to the upcoming Bitcoin halving event in April. This surge in interest underscores the market's anticipation of significant price movements associated with the halving, a periodic event that historically impacts Bitcoin's valueâ (Binance)â.
These developments highlight Binance's proactive measures to enhance user engagement while addressing regulatory and legal challenges, positioning itself for continued growth and compliance in the evolving cryptocurrency landscape.
LIVE
Binance News
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NFPrompt Migrates Daily Sign-In Reward Contract to OpBNB to Mitigate Witch Attacks
According to Foresight News, AI-driven UGC platform NFPrompt has announced the migration of its daily sign-in reward contract to opBNB in an effort to reduce the impact of witch attacks. The company also stated that the old contract sign-in system has been rendered obsolete.
HOT NEWS: Meme Coins Have Been Leading The Market For Several Days
Many major memecoins like Pepe or Bonk have consistently been on the top gainers list for the past few days.The market capitalization of the memecoin sector has at times surged nearly 30% in the past 24 hours, continuously grabbing the spotlight compared to the rest of the global crypto market, which has been trading sideways.According to data from CoinGecko, the market capitalization of the memecoin market is currently approximately $35 billion USD. Over the past 7 days, major memecoins such as Dogecoin (DOGE), Shiba Inu (SHIB), Bonk (BONK), and Pepe (PEPE) have seen significant increases of 50%, 49%, 95%, and 172.8% respectively.Notably, dogwifhat (WIF), a Solana-based dog meme coin just listed on Robinhood Europe this morning, has experienced a strong surge of over 225% in the week and jumped 30% right after the news.Floki (FLOKI) is also a valuable asset worth mentioning. This memecoin has surged over 80% during the week, with the reason being that DWF Labs has announced a $10 million USD purchase of FLOKI as part of their commitment to support the development of this ecosystem.At the time of reporting, the upward momentum of memecoins has significantly slowed down, but it may just be undergoing a phase of consolidation alongside BTC, the flagship cryptocurrency.It can be seen that the willingness to take risks is contributing to the recent recovery of memecoins. As the price of Bitcoin (BTC) approaches its previous peak of $69,000 USD, the market becomes riskier, and capital starts to shift into more speculative tokens, with memecoins leading this list.Because users are often willing to gamble a small investment in hopes of making a large profit, memecoins resonate with this sentiment. Furthermore, advertising memecoins is also easier in the context of a positive market sentiment and investorsâ lack of caution.This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.Follow my channel for more crypto updates.#Write2Earn⏠#TrendingTopic #LatestNews
#LatestNews #Rippleđ° #xrp #XRPnews
Ripple has submitted a response letter bolstering its Motion to Seal documents amid the ongoing legal clash with the U.S. Securities and Exchange Commission (SEC). This move by Ripple aims to maintain confidentiality around certain materials filed in connection with the SECâs Motion for Judgment and Remedies.
James K. Filan, a prominent figure in the XRP community, shared insights on Thursday regarding Rippleâs recent legal maneuver. Notably, Rippleâs submission, addressed to Hon. Analisa Torres of the United States District Court in New York, argued that disclosing current financial statements, especially those pertaining to years following the alleged misconduct, is irrelevant to the courtâs analysis.
Notably, the company argued against the SECâs claim that information about Rippleâs financial condition is crucial to determining remedies for its historical conduct. Furthermore, Ripple emphasized the need to maintain confidentiality around past contracts, highlighting potential leverage future counterparties could gain if such details were made public.
The reply letter also rebutted the SECâs assertion that Rippleâs historical contracts are no longer relevant due to changes in its XRP sales methods. Ripple clarified that while its sales approach may have evolved, the terms of past contracts remain commercially significant and could provide valuable insights into the companyâs current business practices.
The letter comes even as Rippleâs CEO, Brad Garlinghouse, actively advocates for favorable cryptocurrency regulations alongside those of other industry leaders. Recently, the businessman applauded the passage of the FIT21 bill, which is seen as a legislative victory for the crypto community, while expressing confidence in Rippleâs favorable outcome in the SEC lawsuit.
That said, amidst these legal developments, XRPâs price struggles to gain momentum, with months of consolidation resulting in a Doji Candle formation on the monthly timeframe, indicating indecision among buyers and sellers.
Ripple has submitted a response letter bolstering its Motion to Seal documents amid the ongoing legal clash with the U.S. Securities and Exchange Commission (SEC). This move by Ripple aims to maintain confidentiality around certain materials filed in connection with the SECâs Motion for Judgment and Remedies.
James K. Filan, a prominent figure in the XRP community, shared insights on Thursday regarding Rippleâs recent legal maneuver. Notably, Rippleâs submission, addressed to Hon. Analisa Torres of the United States District Court in New York, argued that disclosing current financial statements, especially those pertaining to years following the alleged misconduct, is irrelevant to the courtâs analysis.
Notably, the company argued against the SECâs claim that information about Rippleâs financial condition is crucial to determining remedies for its historical conduct. Furthermore, Ripple emphasized the need to maintain confidentiality around past contracts, highlighting potential leverage future counterparties could gain if such details were made public.
The reply letter also rebutted the SECâs assertion that Rippleâs historical contracts are no longer relevant due to changes in its XRP sales methods. Ripple clarified that while its sales approach may have evolved, the terms of past contracts remain commercially significant and could provide valuable insights into the companyâs current business practices.
The letter comes even as Rippleâs CEO, Brad Garlinghouse, actively advocates for favorable cryptocurrency regulations alongside those of other industry leaders. Recently, the businessman applauded the passage of the FIT21 bill, which is seen as a legislative victory for the crypto community, while expressing confidence in Rippleâs favorable outcome in the SEC lawsuit.
That said, amidst these legal developments, XRPâs price struggles to gain momentum, with months of consolidation resulting in a Doji Candle formation on the monthly timeframe, indicating indecision among buyers and sellers.